Special Purpose Acquisition Companies are known in the investment world as SPACs. These structures have taken the limelight in the world of fund raising in the past year, with over $81bn issuances in 2020. SPACs in fact made up for nearly half of the IPO market in the US last year. 

We at Kopi Time can’t let such a major driver of capital market activity go unaddressed, so we reach out to an industry expert, Alok Oberoi. Alok has over three decades of experience with asset management, including senior roles at Goldman Sachs and ACPI. 

We go through the ABC of SPACs (what, why, how big, players, sectors where there is activity, life cycle, history), along with their purpose, usefulness, and potential. Alok provides lucid explanations of the structure and operation of this mega growth activity, and is forthright is laying out that there are open questions about the performance and challenges of SPACs.  

Special Purpose Acquisition Companies are known in the investment world as SPACs. These structures have taken the limelight in the world of fund raising in the past year, with over $81bn issuances in 2020. SPACs in fact made up for nearly half of the IPO market in the US last year.&nbsp;
We at Kopi Time can&rsquo;t let such a major driver of capital market activity go unaddressed, so we reach out to an industry expert, Alok Oberoi. Alok has over three decades of experience with asset management, including senior roles at Goldman Sachs and ACPI.&nbsp;
We go through the ABC of SPACs (what, why, how big, players, sectors where there is activity, life cycle, history), along with their purpose, usefulness, and potential. Alok provides lucid explanations of the structure and operation of this mega growth activity, and is forthright is laying out that there are open questions about the performance and challenges of SPACs. &nbsp;

Kopi time is a podcast series on insights from markets and economies around the world, hosted by Taimur Baig, Ph.D., Chief Economist of DBS Bank Ltd.

Kopi time is a podcast series on insights from markets and economies around the world, hosted by Taimur Baig, Ph.D., Chief Economist of DBS Bank Ltd.

Kopi Time podcast with Taimur Baig

DBS Economics & Strategy

Kopi Time E043: Alok Oberoi on the SPACs phenomenon

https://api.omny.fm/orgs/f6ad7490-363d-4f1f-8948-abf300412a6f/clips/97c35704-0e5d-4eca-b1dc-acc20075d199/transcript